The turbulent AI era is here. The choices we make now are critical.
Bill Gates
During my entire life I’ve only had two jobs. In the first one, I played a role in developing software to empower people through my work at Microsoft.
In my second one, which I started full time in 2008, I am giving back the wealth I made at Microsoft with the goal of making the world a healthier, better educated, and more equitable place. This is the job I will have for the rest of my life.
Both of these experiences inform my perspective on artificial intelligence. When I first learned about computers at age 13 I was fascinated by the idea of making them more intelligent and able to perform things that, at the time, only humans could do. Although the term “AI” was used from around the time I was born, the technology has only made significant progress in the last decade. It is now incredibly capable and it is continuing to improve at a mind-blowing rate. AI for the first time can replace and even exceed human cognition.
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https://www.gatesnotes.com/a-turbulent-ai-era-and-critical-choices-to-make
Companies around the world continue to increase their use of AI technology, according to a new study released by McKinsey Global on Tuesday. But while individuals are reporting productivity gains, “enterprise-level financial impact hasn’t followed the same trajectory.”
Fewer than two in five organizations (37%) told the consultancy that AI has contributed to their earnings before interest and taxes. That figure is unchanged from last year’s edition of the same study. Meanwhile, “AI-related operating costs are beginning to constrain AI use for about one in five organizations.”
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https://www.investmentexecutive.com/perspective/agentic-ai-depends-on-advisor-adoption/